Fintech Glossary from A to Z

Technology that helps financial companies comply with regulations and guidelines.

Governmental organization that oversees the financial sector.

The process of identifying, evaluating, and mitigating financial risks.

The process of identifying, analyzing, and mitigating financial risks associated with banking and fintech activities.

Online platform that uses artificial intelligence to offer automated financial advisory services.

When a startup has developed a track record of steady revenue, an established user base, and other performance indicators, it may decide to opt for a Series A financing. Series A financing is the first round of funding after the initial investment stage, in which the entrepreneur has developed a business model that will generate long-term profit. As it is the first round of funding, it is usually the first time that ownership of a company is offered to outside investors.

The Series B funding round is used to take a startup beyond the business development stage, towards a market expansion phase. Typically, Series B funding is used to grow the company to meet demand levels by acquiring new personnel, processes, and platforms.